$LII
LENNOX INTERNATIONAL INC

2023 Q3 Form 10-Q Financial Statement

#000162828023025847 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $1.366B $1.411B
YoY Change 9.75% 3.3%
Cost Of Revenue $937.8M $953.6M
YoY Change 2.98% -1.61%
Gross Profit $428.5M $457.8M
YoY Change 28.22% 15.29%
Gross Profit Margin 31.36% 32.44%
Selling, General & Admin $178.9M $181.3M
YoY Change 21.45% 6.9%
% of Gross Profit 41.75% 39.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.50M $20.90M
YoY Change 16.85% 10.0%
% of Gross Profit 5.02% 4.57%
Operating Expenses $178.9M $180.4M
YoY Change 21.45% 6.37%
Operating Profit $186.8M $277.4M
YoY Change 0.54% 22.26%
Interest Expense $11.20M -$9.800M
YoY Change 6.67% -212.64%
% of Operating Profit 6.0% -3.53%
Other Income/Expense, Net -$100.0K $0.00
YoY Change -85.71% -100.0%
Pretax Income $175.2M $263.7M
YoY Change 0.34% 21.35%
Income Tax $44.80M $46.50M
% Of Pretax Income 25.57% 17.63%
Net Earnings $130.4M $217.2M
YoY Change -8.1% 22.57%
Net Earnings / Revenue 9.54% 15.39%
Basic Earnings Per Share $3.67 $6.12
Diluted Earnings Per Share $3.65 $6.10
COMMON SHARES
Basic Shares Outstanding 35.51M shares 35.50M shares
Diluted Shares Outstanding 35.70M shares 35.60M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $141.6M $58.60M
YoY Change 193.78% -6.54%
Cash & Equivalents $132.0M $51.40M
Short-Term Investments $9.600M $7.200M
Other Short-Term Assets $65.30M $68.60M
YoY Change -30.61% -24.62%
Inventory $747.9M $856.0M
Prepaid Expenses
Receivables $694.8M $843.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.742B $1.827B
YoY Change 9.3% 12.14%
LONG-TERM ASSETS
Property, Plant & Equipment $602.1M $822.7M
YoY Change 15.7% 58.36%
Goodwill $181.7M $186.4M
YoY Change -2.26% 0.11%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $99.70M $145.4M
YoY Change 9.92% 60.66%
Total Long-Term Assets $1.148B $1.155B
YoY Change 11.24% 12.1%
TOTAL ASSETS
Total Short-Term Assets $1.742B $1.827B
Total Long-Term Assets $1.148B $1.155B
Total Assets $2.890B $2.981B
YoY Change 10.07% 12.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $345.8M $470.1M
YoY Change -19.67% -3.19%
Accrued Expenses $408.7M $475.3M
YoY Change -0.22% 23.52%
Deferred Revenue $4.900M $13.40M
YoY Change -58.47% 15.52%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $361.6M $761.3M
YoY Change 3157.66% 6351.69%
Total Short-Term Liabilities $1.255B $1.742B
YoY Change 34.7% 80.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.122B $817.7M
YoY Change -29.61% -51.37%
Other Long-Term Liabilities $157.6M $359.1M
YoY Change -10.35% 104.27%
Total Long-Term Liabilities $157.6M $1.177B
YoY Change -10.35% 569.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.255B $1.742B
Total Long-Term Liabilities $157.6M $1.177B
Total Liabilities $2.731B $2.919B
YoY Change -6.84% -4.63%
SHAREHOLDERS EQUITY
Retained Earnings $3.400B $3.309B
YoY Change 12.82% 13.73%
Common Stock $1.180B $1.170B
YoY Change 2.48% 2.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.344B $4.341B
YoY Change 0.13% 0.07%
Treasury Stock Shares
Shareholders Equity $159.5M $62.60M
YoY Change
Total Liabilities & Shareholders Equity $2.890B $2.981B
YoY Change 10.07% 12.12%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $130.4M $217.2M
YoY Change -8.1% 22.57%
Depreciation, Depletion And Amortization $21.50M $20.90M
YoY Change 16.85% 10.0%
Cash From Operating Activities $305.6M $195.5M
YoY Change 78.82% 101.34%
INVESTING ACTIVITIES
Capital Expenditures $39.70M $49.90M
YoY Change -295.57% -338.76%
Acquisitions
YoY Change
Other Investing Activities -$2.500M $1.300M
YoY Change 47.06% 225.0%
Cash From Investing Activities -$42.20M -$48.60M
YoY Change 91.82% 137.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -181.8M -134.9M
YoY Change 10.52% 151.21%
NET CHANGE
Cash From Operating Activities 305.6M 195.5M
Cash From Investing Activities -42.20M -48.60M
Cash From Financing Activities -181.8M -134.9M
Net Change In Cash 81.60M 12.00M
YoY Change -623.08% -47.6%
FREE CASH FLOW
Cash From Operating Activities $305.6M $195.5M
Capital Expenditures $39.70M $49.90M
Free Cash Flow $265.9M $145.6M
YoY Change 39.07% 23.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52600000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
8500000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15500000 usd
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
608500000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
753000000.0 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
761300000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
63200000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
470100000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
425500000 usd
CY2023Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
21800000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
17600000 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1741900000 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
817700000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
159600000 usd
CY2023Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
39600000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
159900000 usd
CY2023Q2 us-gaap Liabilities
Liabilities
2918700000 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
87170197 shares
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
900000 usd
CY2023Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1169300000 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3309000000 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-75800000 usd
CY2023Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
51658951 shares
CY2023Q2 us-gaap Treasury Stock Value
TreasuryStockValue
4340800000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
62600000 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2981300000 usd
CY2023Q2 us-gaap Revenues
Revenues
1411400000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
457800000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
181300000 usd
CY2023Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-800000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3100000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
278800000 usd
CY2023Q2 lii Noncashpensionsettlementloss
Noncashpensionsettlementloss
100000 usd
CY2023Q2 us-gaap Interest Expense
InterestExpense
15000000.0 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
263700000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
46500000 usd
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.96
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35600000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35700000 shares
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
217200000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
177200000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
7500000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-7900000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
14300000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
600000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
1100000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
700000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-200000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1400000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-400000 usd
CY2023Q2 lii Other Comprehensive Income Loss Defined Benefit Plan Gain Loss Pension Settlements Before Reclassification And Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanGainLossPensionSettlementsBeforeReclassificationAndTax
-100000 usd
CY2022Q2 lii Other Comprehensive Income Loss Defined Benefit Plan Gain Loss Pension Settlements Before Reclassification And Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanGainLossPensionSettlementsBeforeReclassificationAndTax
-200000 usd
lii Other Comprehensive Income Loss Defined Benefit Plan Gain Loss Pension Settlements Before Reclassification And Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanGainLossPensionSettlementsBeforeReclassificationAndTax
-300000 usd
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
0 usd
CY2022Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
700000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
0 usd
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
700000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-11300000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
16200000 usd
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-35400000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-5600000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-29800000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
231000000.0 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-125900000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
217200000 usd
CY2023Q2 us-gaap Dividends
Dividends
1.10 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
39100000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
7500000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0.0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
300000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7700000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1400000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-4400000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1100000 usd
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1200000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
62600000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-410200000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
177200000 usd
CY2022Q2 us-gaap Dividends
Dividends
1.06 usd
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
37500000 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7900000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
200000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-300000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-700000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5900000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
9200000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-30500000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
900000 usd
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100200000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-401300000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-203100000 usd
us-gaap Net Income Loss
NetIncomeLoss
315200000 usd
us-gaap Dividends
Dividends
2.16 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
76800000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
14300000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0.0 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13800000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
400000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
500000 usd
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1900000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3200000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
62600000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-269000000.0 usd
us-gaap Net Income Loss
NetIncomeLoss
260800000 usd
us-gaap Dividends
Dividends
1.98 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
70600000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9100000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
600000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-700000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10600000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
6200000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-21400000 usd
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1800000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
305100000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-401300000 usd
us-gaap Net Income Loss
NetIncomeLoss
315200000 usd
us-gaap Net Income Loss
NetIncomeLoss
260800000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3800000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1400000 usd
us-gaap Restructuring Costs
RestructuringCosts
0 usd
us-gaap Restructuring Costs
RestructuringCosts
500000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3800000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2700000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-3900000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2000000.0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
13800000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10600000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
40500000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
37800000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-18900000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11600000 usd
us-gaap Pension Expense
PensionExpense
1400000 usd
us-gaap Pension Expense
PensionExpense
3500000 usd
us-gaap Pension Contributions
PensionContributions
2000000.0 usd
us-gaap Pension Contributions
PensionContributions
500000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1200000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
900000 usd
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
236500000 usd
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
281600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
100400000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
187300000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8700000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1200000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
45400000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
93700000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
45600000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14800000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
4100000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
39400000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-3300000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-900000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6200000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-14600000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
116700000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-800000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1500000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
500000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
85300000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46700000 usd
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-1500000 usd
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82300000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46200000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
140000000.0 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
211000000.0 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
90000000.0 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
61000000.0 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
7300000 usd
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
6400000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1182000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1331000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1182000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1029000000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1900000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
1800000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
300000000.0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3200000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5100000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75200000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66900000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-33800000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
75400000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
28400000 usd
us-gaap Interest Paid Net
InterestPaidNet
27100000 usd
us-gaap Interest Paid Net
InterestPaidNet
14200000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
88400000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
32900000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:13.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, self-insurance and warranty reserves, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. </span></div>We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates will be reflected in the financial statements in future periods.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2023Q2 us-gaap Revenues
Revenues
1411400000 usd
CY2022Q2 us-gaap Revenues
Revenues
1366300000 usd
us-gaap Revenues
Revenues
2460700000 usd
us-gaap Revenues
Revenues
2379700000 usd
CY2023Q2 lii Segment Profit And Loss
SegmentProfitAndLoss
283100000 usd
CY2022Q2 lii Segment Profit And Loss
SegmentProfitAndLoss
229800000 usd
lii Segment Profit And Loss
SegmentProfitAndLoss
424800000 usd
lii Segment Profit And Loss
SegmentProfitAndLoss
344400000 usd
CY2023Q2 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
SegmentReportingReconcilingItemInLossesAndOtherExpensesFromSegmentToConsolidatedAmount
-4300000 usd
CY2022Q2 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
SegmentReportingReconcilingItemInLossesAndOtherExpensesFromSegmentToConsolidatedAmount
-2400000 usd
lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
SegmentReportingReconcilingItemInLossesAndOtherExpensesFromSegmentToConsolidatedAmount
-6400000 usd
lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
SegmentReportingReconcilingItemInLossesAndOtherExpensesFromSegmentToConsolidatedAmount
-4600000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
500000 usd
us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
1000000.0 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
278800000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
226900000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
418400000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
338800000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
217200000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
177200000 usd
us-gaap Net Income Loss
NetIncomeLoss
315200000 usd
us-gaap Net Income Loss
NetIncomeLoss
260800000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36000000.0 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35600000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36100000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.12
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.12
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.97
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.88
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.25
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.10
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.85
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.23
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
4000000000 usd
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2023Q2 lii Operating Lease Right Of Use Asset Percentage Related To Leases Of Real Estate
OperatingLeaseRightOfUseAssetPercentageRelatedToLeasesOfRealEstate
81
CY2023Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
44200000 usd
CY2022Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
41300000 usd
CY2023Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
102500000 usd
CY2022Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
101400000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142700000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
142700000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
19300000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
28500000 usd
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-5500000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
300000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
146700000 usd
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2023Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
546000000 usd
CY2023Q2 us-gaap Revenues
Revenues
1411400000 usd
CY2022Q2 us-gaap Revenues
Revenues
1366300000 usd
us-gaap Revenues
Revenues
2460700000 usd
us-gaap Revenues
Revenues
2379700000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13400000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9600000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
6900000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
6400000 usd
CY2023Q2 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
-20300000 usd
CY2022Q4 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
-16000000.0 usd
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1200000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2100000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4200000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5900000 usd
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
601300000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
534600000 usd
CY2023Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
10600000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
8900000 usd
CY2023Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
367400000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
328700000 usd
CY2023Q2 us-gaap Inventory Gross
InventoryGross
979300000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
872200000 usd
CY2023Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
123300000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
119200000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
856000000.0 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
753000000.0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
186300000 usd
us-gaap Goodwill Transfers
GoodwillTransfers
0 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
100000 usd
CY2023Q2 us-gaap Goodwill
Goodwill
186400000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7700000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5900000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13800000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10600000 usd
CY2023Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
500000 usd
CY2022Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1100000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1100000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2100000 usd
CY2023Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2200000 usd
CY2022Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1500000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
4500000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3000000.0 usd
CY2023Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2400000 usd
CY2022Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2300000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4700000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4600000 usd
CY2023Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-200000 usd
CY2022Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1300000 usd
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-400000 usd
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2900000 usd
CY2023Q2 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
0 usd
CY2022Q2 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
0 usd
us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-300000 usd
us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-100000 usd
CY2023Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-100000 usd
CY2022Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-200000 usd
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-300000 usd
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-300000 usd
CY2023Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
600000 usd
CY2022Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1800000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1300000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
3600000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3900000 usd
CY2023Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
11500000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
11200000 usd
CY2023Q2 us-gaap Deferred Finance Costs Current Gross
DeferredFinanceCostsCurrentGross
200000 usd
CY2022Q4 us-gaap Deferred Finance Costs Current Gross
DeferredFinanceCostsCurrentGross
600000 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
761300000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
710600000 usd
CY2023Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
31000000.0 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
28300000 usd
CY2023Q2 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
5300000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
6100000 usd
CY2023Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
817700000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
814200000 usd
CY2023Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1579000000 usd
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1524800000 usd
CY2023Q2 lii Maximum Securitization As Percentage Of Net Pool Balance
MaximumSecuritizationAsPercentageOfNetPoolBalance
1
CY2023Q2 lii Eligible Amount Available Under Asset Securitization
EligibleAmountAvailableUnderAssetSecuritization
400000000.0 usd
CY2022Q4 lii Eligible Amount Available Under Asset Securitization
EligibleAmountAvailableUnderAssetSecuritization
350000000.0 usd
CY2023Q2 lii Beneficial Interests Soldunder Asset Securitization
BeneficialInterestsSoldunderAssetSecuritization
400000000.0 usd
CY2022Q4 lii Beneficial Interests Soldunder Asset Securitization
BeneficialInterestsSoldunderAssetSecuritization
350000000.0 usd
CY2023Q2 lii Asset Securitization Borrowing Capacity
AssetSecuritizationBorrowingCapacity
0 usd
CY2022Q4 lii Asset Securitization Borrowing Capacity
AssetSecuritizationBorrowingCapacity
0 usd
lii Program Fee
ProgramFee
0.0070
CY2023Q2 lii Average Floating Commercial Paper Rate
AverageFloatingCommercialPaperRate
0.0598
CY2022Q4 lii Average Floating Commercial Paper Rate
AverageFloatingCommercialPaperRate
0.0517
lii Percentage Of Maximum Available Amount Used To Charge Unused Fee
PercentageOfMaximumAvailableAmountUsedToChargeUnusedFee
1.01
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001628280-23-025847-index-headers.html Edgar Link pending
0001628280-23-025847-index.html Edgar Link pending
0001628280-23-025847.txt Edgar Link pending
0001628280-23-025847-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lii-20230630.htm Edgar Link pending
lii-20230630.xsd Edgar Link pending
lii-ex311_2023630x10q.htm Edgar Link pending
lii-ex312_2023630x10q.htm Edgar Link pending
lii-ex321_2023630x10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
lii-20230630_cal.xml Edgar Link unprocessable
lii-20230630_def.xml Edgar Link unprocessable
lii-20230630_lab.xml Edgar Link unprocessable
lii-20230630_pre.xml Edgar Link unprocessable
lii-20230630_htm.xml Edgar Link completed
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable